KEI may rally 10% above ₹3,900: Analyst
KEI Industries shares could gain 10% if they sustain above ₹3,900, analyst Deepak Pal said. The stock, currently trading near ₹3,876, is showing strong technical support around its 50-DMA. He advises buying on dips with a stop loss at ₹3,600. Backed by solid FY24 growth, low debt, and infrastructure demand, KEI remains a fundamentally strong mid-cap. The stock is down 12% YTD.